Skip to main content

About your Search

20130115
20130123
STATION
LANGUAGE
Search Results 0 to 17 of about 18
CNBC
Jan 14, 2013 7:00pm EST
quickly because time is running short. >> now, house speaker john boehner responded quickly saying house republicans will do the right thing. they will be responsible, they will meet america's obligations and make sure the government does not shut down. he tried to take that specter off the table. but this is a very tough fight that's getting more and more problematic, larry, because the president said he's going to break the habit of crisis-driven fiscal negotiations. if he's going to succeed in that, somebody is going to have to break and it may have to be soon because treasury secretary geithner said this afternoon we could hit the debt ceiling and exhaust all the extraordinary measures he's been taking as soon as one month from now. >> you know, john, 2010, 2011, the 2012 he negotiated. he voted against the debt ceiling i believe in 2006. why all of a sudden does he not want have to have negotiations? >> i think will's happened, larry, is that the president spent 2011 and 2012 with republicans squeezing him on his priorities, having opposed him during the first two years of his presi
CNBC
Jan 22, 2013 4:00pm EST
wait for texas instruments to report. house speaker boehner set to hold a news conference in less than an hour. >> expected to tee off a vote on the debt ceiling bill. what's their new plan? we'll go live to washington next, and even with the immediate threat of the debt ceiling ahead, another's contrarian view coming up. >> chip murky's quarterly result are due out now. those numbers coming up as we continue on the "closing bell." . ♪ into a scooter that talks to the cloud? ♪ or turn 30-million artifacts... ♪ into a high-tech masterpiece? ♪ whatever your business challenge, dell has the technology and services to help you solve it. there. i said it. they don't have pictures of my kids. they don't have my yoga mat. and still, i feel at home. could it be the flat screen tv? the not so mini fridge? ♪ the different free dinner almost every weeknight? or maybe, it's all of the above. and all the rest. am i home? nope. but it almost feels that way. homewood suites by hilton. be at home. >>> all right. they are teeing off this new debt ceiling bill. john boehner will be housing a m
CNBC
Jan 22, 2013 5:00pm EST
does it for us. thank you for joining us. >> "fast money" has full coverage of speaker boehner's press conference, starting right now. >>> live from the nasdaq market site in new york city, i'm melissa lee. afterhours action from csx to google and ibm. we're covering it all. apple angst. will the tech giant dliceliver e tomorrow? and how a south african company is pushing the u.s. closer to energy indedense. first, we have to get straight to our top story and that is markets. the s&p reaching five-year highs, the dow having its best january in 16 years. buyer or seller? pete, pit boss, what do you say? >> i remain a buyer of the market, but i've been shifting around my portfolio and that's because this has been an unbelievable move to the upside. we're in earnings season. it's been very strong so far. ibm tonight and google tonight. we're going to be talking about those in a few minutes. those numbers were spectacular. the reason i'm starting to shift things around, i'm taking off stock positions. volatile tills are very low. that givens me an opportunity to be there and take tha
CNBC
Jan 22, 2013 7:00pm EST
. boehner attached a bublg et to this. >> there are no specific cuts. where in medicare or the pentagon are they going to cut? they have to specify that before you can have a serious conversation. i don't think members of congress should be playing with fiscal fire which is what we are doing when we use a tactic as a threat to plunge america into defought. i believe that republicans and democrats should denounce using that as a threat. your previous guests gave goodness about the economy. the biggest threat about the economy is congressional dysfunction. >> do you have a response to peter walsh. >> lord knows if we could have a balance absed budget. but you made this deal yeah, we are going to extend the debt ceiling. now, it gets attached to a balanced budget. >> two points, in regard to congressman welch. when you have liberal s ip the house and senate, that is their plan to spend more money. i know you are talking about our budget larry, but we have to step back. there is going to be no budget that takes place unless the senate passes a budget. but to get congress both chambers to wo
CNBC
Jan 22, 2013 1:00pm EST
the debt ceiling. speaker boehner is expected to give a news conference later toda today. >> there are a lot of deadlines in washington for investors to keep track of, they each carry their own risk. let me walk you through what we are expecting. starting tomorrow on wednesday, the house republicans say they're going to have a vote to extend the debt ceiling. they say they will raise the $16.4 trillion cap enough to extend the debt ceiling to mid-may. on march 1st, you have the sequester, when the spending cuts will kick in. about $85 billion of cuts automatically to defense and domestic spending. the risk there is a drag to the gdp. on the 27th, current law on the government funding runs out that forces a drama over a continuing resolution, or you face the risk of a government shut down. on april 15th, that's the date by which the house would force congress to pass a budget or see their pay cut. the risk there, of course, is members of congress might have to go quite some time without a paycheck. tyler? >> thank you very much, eamonn. >>> the gop originally wanted to tie the debt
CNBC
Jan 21, 2013 11:00am EST
other? mr. boehner said something rather strong about harry reid. we assume that kind of language was not used in the white house this morning, but can they really get along and do what needs to get done? >> there is -- there are pockets of enmity that are quite well-known. what's really wonderful about washington, and this day is going to be full of this, is that you can have members, particularly on the senate floor, that can just bash each other. john has had a bird's-eye view of this. during the day with key issues of state at risk, and at the end of the day they can go off to the moncle and have a drink or a steak and so -- >> although a lot less than used to take place. >> that's true. >> jill biden, the vice president's wife, the second lady of the united states, begins her way down to the podium. >> i think there is more partisanship about to break out. >> call it bipartisanship. >> maybe i'm caught up in the spirit of the day. >> explain. >> i'll explain. >> and where do you see that? >> i have some circumstantial evidence. look at the fiscal cliff vote and look at the sandy
CNBC
Jan 23, 2013 9:00am EST
for a strategic retreat from the principle that john boehner articulated earlier that the only amount of debt limit increase that's going to pass is going to have dollar for dollar spending cuts. that's very hard to do, for democrats, for republicans, for anybody in washington, and so he's backed away from that, and now he's going to try to see if he can pass it with republican votes. the importance of this principle from a democratic point of view is they've broken with the idea that the debt limit is so important that it needs to be enforced. that's why senate democrats say they will pass this next week by an overwhelming margin if it passes the house. the white house says it won't block it and house democrats, if you read between the lines, they're urging their members to vote against it, but they don't mind this proposal one bit. here is chris van hollen, the ranking democrat on the house budget committee today. >> the good news is that our congressional republican olleagues have finally recognized that america must pay its bills and meet its financial obligations without conditio
CNBC
Jan 18, 2013 4:00pm EST
. this could turn into plan "b" for speaker boehner. that's what we're watching next week. the good news is for markets though. it does appear we're moving, if not steadily, maybe two steps forward, one step back towards some sort of a resolution of the debt limit that will at least put it off until the spring. >> this is good news. john, thank you so much. john harwood with the latest. a lot of buzz about the business roundtable's proposal to raise the eligibility age to age 70. i wrote about the issue in "the observation" yesterday but one of my next guests could not disagree more. max wrightman is president and ceo of the national committee to preserve social security and medicare and a supporter of raising the edge. bill george, the former ceo of medtronic and a harvard business school professor. good to see you both. max, let's go to you first. the business roundtable argues that the demographics have completely changed. we now live much longer. why shouldn't we raise the age for eligibility? >> well, you know, this plan is called a plan to reform social security and modernize
CNBC
Jan 15, 2013 9:00am EST
in line with the offer that he had put out to speaker boehner. that will bring the deficits down even further, below 3% as a percentage to our economy. bringing down the debt as percentage to our gdp. critical and important for competence. so he very wants to engage on balanced deficit reduction. what he has said is the following. he cannot tolerate congress deciding to not pay its existing bills. and i mean nobody should use the threat of default, the threat of hurting the full faith and credit of the united states as a bargaining chip in negotiations. if anyone tries to, the president is just not going to tolerate or negotiate or engage with that type of behavior and i think that you're starting to hear an emerging group of outside republicans agreeing with the president, particularly in the business community saying you do not hold the united states economy and its credit rating hostage no matter how much you care about a particular side or point of view in a budget negotiation. >> speaking of which, not a republican necessarily but allen writes in the journal, he says the con
CNBC
Jan 18, 2013 12:00pm EST
that john boehner has now agreed to. he just put out a statement as i was sitting down in the chair to that effect and it's indicated if there is going to be a long-term extension of the debt limit there is going to have to be spending cuts and the purpose of the budget, requiring the budget resolution is to try to flesh out what some of those spending cuts would be. >> presumably that would pass the republican controlled house. what do you think the reaction would be in the democratic controlled senate? >> i just got off the phone with a democratic official and the leadership in the house who said, we are not going to pass something that is loaded with conditions like that. if we do a short-term extension eventually it is going to be a kleenex tension. that is with no conditions. this is part of the stare down that's been taking place. the administration, the democrats have been saying clean long-term extension, republicans are now saying short-term with conditions and democrats are going to come back and say if you do short term we are going to do it without conditions and this is a
CNBC
Jan 15, 2013 4:00pm EST
notified house speaker boehner he and other treasury secretaries have done in other impasses, nothing profound about it, just an attempt to keep the pressure on the congress, remind them that the clock is ticking. we're getting closer to the debt limit as the president said yesterday. we could hit it in as little as one month, maria. >> john, thank you so much. we'll be watching that story certainly as will the markets. is the market too complacent right now with all of the stories out there as far as the u.s. debt as well as the global economy. according to rex macy it is. he thinks there's a good chance that risk fears will rise and, therefore, the market will pull back. will that be the moment for investors to get in. good to see you, gentlemen. thanks so much for joining us. what are you expecting in terms of this market 2013? >> sure. well, right now we're at 1472 on the s&p. we think it's going to go marginally higher from here, but it's not going to be a smooth ride. we've got a vix at 13 and change. that's too low. that's where the complacency comes from. you see it there. as
CNBC
Jan 15, 2013 7:00pm EST
about speaker boehner? >> he wanted to see this money faster and a lot of the members of the new jersey and new york delegations are upset still with how they feel they were treated here. they failed in that attempt today, larry. >> we have a date and time president obama is going to unveil his proposed gun control measures tomorrow. what can legal gun owners expect. we have a preview of that coming up. please stay with us. ♪ if loving you is wrong ♪ i don't wanna be right [ record scratch ] what?! it's not bad for you. it just tastes that way. [ female announcer ] honey nut cheerios cereal -- heart-healthy, whole grain oats. you can't go wrong loving it. [ male announcer ] where do you turn for legal matters? maybe you want to incorporate a business. or protect your family with a will or living trust. and you'd like the help of an attorney. at legalzoom a legal plan attorney is available in most states with every personalized document to answer questions. get started at legalzoom.com today. and now you're protected. get started at legalzoom.com today. excuse me, sir i'm gonn
CNBC
Jan 16, 2013 6:00am EST
include the president. people on the right, people who voted against boehner's plan b and people who want a deal done. i think in the end, people who want a deal done will prevail. maybe at the last hour or three hours after the last hour, we don't know. it was quite obvious the president was trying to blow up the deal on december 31st, while biden and mcconnell were out there negotiating, the president had a pep rally in the east room in which he directly attacked both the congress and the republicans, people trying to do the deal. any who's done any negotiations know what you should have done is praise the process, not attack the people in the middle of the process. i don't think the president liked that deal, i don't think he wanted a deal. i think he'd rather have the issue and i think in this case, he'd also rather have the issue. it will be very very hard to get a serious deal done when one of the main negotiators really doesn't want any deal at all. >> we have evidence of that with this interview with john boehner where he said the president told him repeatedly, we don't have
CNBC
Jan 22, 2013 2:00pm EST
reductions. john boehner articulated that principle in 2011. that became a huge barrier to the debt limit in 2011, because getting those cuts identified was very difficult, would probably be impossible now. that's why the president came out after the election saying not playing that game. not going to renegotiate. the white house is now prepared to say they concede on that principle for three months, we'll keep our stance unchanged beyond that, and republicans will yield again and we'll get a longer-term extension. >> hopefully it will diffuse market fears about a debt default. the question is what the markets have to say about these gyrations in washington. let's bring in the president of official funds, gentlemen, great to have you with us. >> grit to eat to be here. >> the dow is on multi-year highs, at what strange will wall street say the heck with it. >> the point i like to make in comparison is what happened in december of 2007 and the first part of 2008, the dow industrial average was lagging the transportation average, which was raging forward. and the recession had already
CNBC
Jan 16, 2013 2:00pm EST
for themselves. >> and guys, kind of a tepid response. john boehner put out a statement saying the speaker will review the measures and if the senate passes a bill, we will review that as well. no guarantees to take up the measure. this faces stiff opposition. >> eamon javers, thanks you very much. >>> our first look at blackberry 10. >> have you used itunes lately? if you have, you noticed it totally changed. a lot of us old folks are very confused by it. we have an idea that could fix it, sunny. what if they bought spotify? we will debate it, coming up. >>> it is hump day, everybody. hallelujah and welcome to street talk. today we will call it street meat because we have a big food focus. first, kellogg. >> underperformed and $55 target on stocks. 2 bucks a down side. valuation call, really. you would think the earnings is also i think mandy a serier cerl war could be coming. they think general mills will respond aggressively. price cuts, discounts, whatever. kelloggs will be forced to respond. >> and who goes from that? we do. >> uh-oh, chipotle, below wall street looks. operati
CNBC
Jan 16, 2013 7:00pm EST
response. john boehner's spokesman put out a statement saying the house will look at those recommendations and if the senate pass as bill they will look at that too but no commitment move to any legislation in the house of representatives. so, larry, it looks like a lot of these proposals will not happen but there were more than 20 elements of what he proposed today, the president that were, in fact, executive actions that he could sign today and enforce through the executive branch of the government and that he did. so the rest of the proposals will be legislative and we'll have to see how they fare. >> as always, thanks eamon javers. the national rifle association is pushing back with a tough new ad campaign labelling the president an elitist hypocrite for allowing his own kids to have their protection. >> are the president's kids more important than yours? then why is he skeptical about putting armed security in our schools when his kids are protected by armed guards at their school? mr. obama demands the wealthy pay their fair share of taxes. but, he's just another elitist hypocrite wh
CNBC
Jan 16, 2013 4:00pm EST
the house john boehner reacted tepidly, his spokesman putting out a statement saying they will look at the ideas and if the senate passes a bill they will look at that but no commitment to bring a bill to the house floor. >> the president had children around him during the press conference, right is. >> and many of the children were victims of gun violence themselves or were aware of victims of gun violence and wrote letters to the white house. in fact, some of these children wrote letters that the president read from, remarked upon. it was a very dramatic and emotional setting there because the children sort of making the point and reinforcing the president's point that in his view this is about protecting first graders and their rights to go to school safely as much as it is about second amendment rights for gun owners. >> thank you so much. eamon javers with the latest there. >>> boeing dragging down the dow today as yet another problem is grounding some boeing dreamliners. phil lebeau with the latest developments out of boeing. we'll speak with an aviation expert who says it may
CNBC
Jan 16, 2013 4:00am EST
. in a letter to the house speaker john boehner, the treasury secretary says this step has been taken before during previous debt limit impasses. several conservative republicans are set to introduce legislation to direct treasury to prioritize debt payments if congress doesn't raise the debt ceiling. >>> and president obama will unveil his gun control plan today at 11:45 eastern. he's expected to call on congress to ban military-style assault weapons and the type of high-capacity ammunition used in last month's school shooting in newtown, connecticut. the package will also include efforts to stop school bullying and invest available mental health services. may include several steps the president can take right away without congressional approval. >>> the house of representatives has passed more than $50 billion in aid for hurricane sandy victims. this more than ten weeks after the storm ravaged the northeastern u.s. the vote was 241-180. several republicans voted no. conservatives failed to offset part of the bill's cost with across-the-board federal spending cuts as some had wanted.
Search Results 0 to 17 of about 18